Charges for the use of intellectual property, payments (BoP, current) in Barbados
Barbados: Charges for the use of intellectual property, payments (BoP, current) was 51.97 BoP, current US$ per person in 2017. ◆ Volatile
Charges for the use of intellectual property, payments (BoP, current) in Barbados, 1974–2017
Source: Statizoid (derived). Measured in BoP, current US$ per person.
Analysis
In 2017, charges for the use of intellectual property, payments (bop, current) in Barbados stood at 51.97 BoP, current US$ per person.
The figure is up 8.3% on the previous year and down 45.7% over ten years.
Over the whole period, charges for the use of intellectual property, payments (bop, current) in Barbados peaked at 134.14 BoP, current US$ per person in 2009 and was at its lowest, 2.33 BoP, current US$ per person, in 1974.
Barbados ranks 62nd of 171 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Charges for the use of intellectual property, payments (BoP, current) in Barbados, year by year
| Year | BoP, current US$ per person | Change |
|---|---|---|
| 1974 | 2.33 BoP, current US$ per person | — |
| 1975 | 2.96 BoP, current US$ per person | +26.9% |
| 1976 | 2.44 BoP, current US$ per person | -17.4% |
| 1977 | 3.61 BoP, current US$ per person | +47.7% |
| 1978 | 8.33 BoP, current US$ per person | +131.1% |
| 1979 | 10.24 BoP, current US$ per person | +22.8% |
| 1980 | 8.15 BoP, current US$ per person | -20.4% |
| 1981 | 8.72 BoP, current US$ per person | +7.0% |
| 1982 | 8.49 BoP, current US$ per person | -2.6% |
| 1983 | 18.5 BoP, current US$ per person | +117.8% |
| 1984 | 25.11 BoP, current US$ per person | +35.7% |
| 1985 | 21.11 BoP, current US$ per person | -15.9% |
| 1986 | 30.01 BoP, current US$ per person | +42.1% |
| 1987 | 60.05 BoP, current US$ per person | +100.1% |
| 1988 | 21.34 BoP, current US$ per person | -64.5% |
| 1989 | 25.38 BoP, current US$ per person | +18.9% |
| 1990 | 15.47 BoP, current US$ per person | -39.0% |
| 1991 | 10.41 BoP, current US$ per person | -32.7% |
| 1992 | 27.86 BoP, current US$ per person | +167.6% |
| 1993 | 38.88 BoP, current US$ per person | +39.6% |
| 1994 | 49.5 BoP, current US$ per person | +27.3% |
| 1995 | 55.91 BoP, current US$ per person | +12.9% |
| 1996 | 67.87 BoP, current US$ per person | +21.4% |
| 1997 | 78.7 BoP, current US$ per person | +16.0% |
| 1998 | 84.59 BoP, current US$ per person | +7.5% |
| 1999 | 86.09 BoP, current US$ per person | +1.8% |
| 2000 | 90.44 BoP, current US$ per person | +5.0% |
| 2001 | 92.6 BoP, current US$ per person | +2.4% |
| 2002 | 93.13 BoP, current US$ per person | +0.6% |
| 2003 | 93.88 BoP, current US$ per person | +0.8% |
| 2004 | 93.58 BoP, current US$ per person | -0.3% |
| 2005 | 70.92 BoP, current US$ per person | -24.2% |
| 2006 | 127.4 BoP, current US$ per person | +79.6% |
| 2007 | 95.66 BoP, current US$ per person | -24.9% |
| 2008 | 116.67 BoP, current US$ per person | +22.0% |
| 2009 | 134.14 BoP, current US$ per person | +15.0% |
| 2010 | 69.58 BoP, current US$ per person | -48.1% |
| 2011 | 45.9 BoP, current US$ per person | -34.0% |
| 2012 | 34.21 BoP, current US$ per person | -25.5% |
| 2013 | 45.83 BoP, current US$ per person | +34.0% |
| 2014 | 49.88 BoP, current US$ per person | +8.8% |
| 2015 | 61.86 BoP, current US$ per person | +24.0% |
| 2016 | 47.97 BoP, current US$ per person | -22.5% |
| 2017 | 51.97 BoP, current US$ per person | +8.3% |
Barbados compared with similar countries
- Barbados's 51.97 BoP, current US$ per person is below the median for high income countries, which is 164.1 BoP, current US$ per person, 32% of the median. (65 countries reporting)
- Barbados's 51.97 BoP, current US$ per person is above the median for Latin America & Caribbean, which is 40.79 BoP, current US$ per person, 1.3× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.98 BoP, current US$ per person | 2.33 BoP, current US$ per person | 10.24 BoP, current US$ per person | 6 |
| 1980s | 22.69 BoP, current US$ per person | 8.15 BoP, current US$ per person | 60.05 BoP, current US$ per person | 10 |
| 1990s | 51.53 BoP, current US$ per person | 10.41 BoP, current US$ per person | 86.09 BoP, current US$ per person | 10 |
| 2000s | 100.84 BoP, current US$ per person | 70.92 BoP, current US$ per person | 134.14 BoP, current US$ per person | 10 |
| 2010s | 50.9 BoP, current US$ per person | 34.21 BoP, current US$ per person | 69.58 BoP, current US$ per person | 8 |
Countries ranked near Barbados
- 59 Brazil 57.94 BoP, current US$ per person compare
- 60 Oman 55.19 BoP, current US$ per person compare
- 61 Mexico 53.79 BoP, current US$ per person compare
- 63 Turkey 50 BoP, current US$ per person compare
- 64 Brunei 47.5 BoP, current US$ per person compare
- 65 Saudi Arabia 45.96 BoP, current US$ per person
More economy & growth data for Barbados
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 18.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0024 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 65.74 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 303.06 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0399 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,073 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is charges for the use of intellectual property, payments (bop, current) in Barbados?
- Charges for the use of intellectual property, payments (bop, current) in Barbados was 51.97 BoP, current US$ per person in 2017, according to Statizoid (derived).
- What is the highest charges for the use of intellectual property, payments (bop, current) recorded in Barbados?
- The highest recorded value was 134.14 BoP, current US$ per person in 2009.
- What is the lowest charges for the use of intellectual property, payments (bop, current) recorded in Barbados?
- The lowest recorded value was 2.33 BoP, current US$ per person in 1974.
- How does Barbados rank for charges for the use of intellectual property, payments (bop, current)?
- Barbados ranks 62nd out of 171 countries with data for 2017.
- Is charges for the use of intellectual property, payments (bop, current) rising or falling in Barbados?
- Over the last ten years it is down 45.7%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Charges for the use of intellectual property, payments (BoP, current US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Charges for the use of intellectual property, payments (BoP, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Charges for the use of intellectual property, payments (BoP, current US$) ÷ Population, total
Computed from
- Charges for the use of intellectual property, payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Charges for the use of intellectual property, payments (BoP, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.